NEW YORK (TheStreet) -- Visteon (VC) - Get Report stock is down 1.13% to $98.33 in midday trading Tuesday despite Citi's price target increase to $123 from $121, while maintaining its "buy" rating. 

Visteon is a global supplier of climate, electronics and interiors systems, modules and components to automotive original equipment manufacturers (OEM).

"Away from the cash deployment part of the story we believe Visteon will draw greater investor appreciation this year for being a pure 'Car of the Future' investment vehicle," analysts said

According to Citi, cockpit electronics and HMI (human machine interface) are a key area of future OEM differentiation in autonomous vehicles, and this vertical should increasingly merge with the megatrend of embedded connectivity, including the very automated driving applications. 

Analysts believe that Visteon should be well-positioned to benefit from both of these long term trends. 

"As cars become more complex through connectivity and automated driving, being able to safely integrate the human-machine interface with vehicle connectivity while reducing complexity will be critically important for automakers," Citi noted. 

Separately, TheStreet Ratings team rates VISTEON CORP as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate VISTEON CORP (VC) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• The revenue growth greatly exceeded the industry average of 0.7%. Since the same quarter one year prior, revenues rose by 32.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
• The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Auto Components industry and the overall market, VISTEON CORP's return on equity significantly exceeds that of both the industry average and the S&P 500.
• Net operating cash flow has significantly increased by 152.38% to $53.00 million when compared to the same quarter last year. In addition, VISTEON CORP has also vastly surpassed the industry average cash flow growth rate of 6.83%.
• Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
• You can view the full analysis from the report here: VC Ratings Report